local real estate news, statistics, and commentary without the sales spin.
News, current events, etc.
You’ve probably heard about the asinine legal threat that Zillow lawyers sent to the architecture criticism blog McMansion Hell (currently offline), a popular blog that provides entertaining and educational commentary and criticism of the scourge of the McMansion. If you’re in the dark, allow me to summarize the events of earlier this week, with some of my own speculation and opinion thrown in (indicated in italics below)…
Get access to the full spreadsheets used to make the charts in this and other posts by becoming a member of Seattle Bubble. Good news for renters (and maybe hopeful home buyers, as well): 2017 should see the beginning of relief for the Seattle area’s crazy rental housing market. The infamous $750-a-month 130-square-foot ‘prison cell’…
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat).
To kick things off, here’s an excerpt from the NWMLS press release:
Western Washington Housing Market Still Strong
It’s still a seller’s market, but some leaders from Northwest Multiple Listing Service think the imbalance may be easing in some areas, pointing to a slower pace of sales and moderating prices. Others aren’t convinced, citing mixed indicators…
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat).
To kick things off, here’s an excerpt from the NWMLS press release…
A few weeks ago Stranger writer Charles Mudede published a post in which he argued that “Seattle Is Pretty Much Game Over” in terms of housing affordability. There was a time when something could have been done to avoid its entry into the locked cycle of asset value inflation, but that was a few years…